The Star Entertainment Group Ltd (OTCPK:EHGRF)
$ 0.1781 0 (0%) Market Cap: 348.79 Mil Enterprise Value: 362.20 Mil PE Ratio: 0 PB Ratio: 0.66 GF Score: 46/100

Half Year 2022 Star Entertainment Group Ltd Earnings Call Transcript

Feb 16, 2022 / 10:45PM GMT
Release Date Price: $2.34
Operator

Thank you for standing by, and welcome to The Star Entertainment Group Limited Half Year Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Matt Bekier, Managing Director and CEO. Please go ahead.

Matthias Michael Bekier
The Star Entertainment Group Limited - MD, CEO & Executive Director

Thank you, Andrew, and welcome, everybody, to The Star First Half 2022 Results Presentation. I'm joined here by Harry Theodore, our CFO; and Mark Wilson, who leads our Investor Relations team.

We gave guidance last week, so I'm sure we can shorten the traditional reveal ceremony to confirm that the final results are in line with the guidance given. That is revenues of $580 million for the half, EBITDA of $31 million and a statutory net loss of $74 million.

In our operating context, we think this was a reasonable result. Let me call out 4 key observations about this. First of all, the result was achieved in exceptionally difficult operating conditions. We've had ever-changing rules, rapid

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